Zalko Adam 4
4 · PALTALK, INC. · Filed Mar 29, 2023
Insider Transaction Report
Form 4
PALTALK, INC.PALT
Zalko Adam
Chief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-03-28+10,000→ 10,000 totalExercise: $1.94From: 2024-03-28Exp: 2033-03-27→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]The stock option was granted pursuant to a stock option agreement dated March 28, 2023 (the "Option Agreement"). The shares underlying this stock option will vest and become exercisable in four equal annual installments beginning on the first anniversary of the date of grant, as long as the reporting person is providing services to Paltalk, Inc. on such dates; provided, that upon the effective date of a "change in control" (as defined in the Paltalk, Inc. 2016 Long-Term Incentive Plan), 100% of the then-unvested shares shall immediately vest and become fully exercisable, if not previously so exercisable, on the date of the change in control.